Rationes Decidendi:
A valid arbitration agreement excludes the jurisdiction of Albanian courts.
If at least one of the contracting parties is a company established outside Albania [ALB], the parties have the right to agree on the jurisdiction of an arbitral tribunal abroad or on the jurisdiction of a foreign court.
Courts are obliged to honour a valid arbitration agreement.
choice-of-court clause
choice-of-court
exclusion of jurisdiction of court
foreign company
Univ. Professor, Dr.iur., Mgr., Dipl. Ing. oec/MB, Dr.h.c. Lawyer admitted and practising in Prague/CZE (Branch N.J./US), Senior Partner of the Law Offices Bělohlávek, Dept. of Law, Faculty of Economics, Ostrava, CZE, Dept. of Int. and European Law, Faculty of Law, Masaryk University, Brno, CZE (visiting), Chairman of the Commission on Arbitration ICC National Committee CZE, Arbitrator in Prague, Vienna, Kiev etc. Member of ASA, DIS, Austrian Arb. Association. The President of the WJA – the World Jurist Association, Washington D.C./USA.
e-mail: office@ablegal.cz
